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Food And Beverage Nano-Enabled Packaging Market Is Expected To Reach US$ 31.2 Bn By 2023

The latest market report published by Credence Research, Inc. “Food and Beverage Nano-enabled Packaging Market, By Type and Application – Growth, Future Prospects and Competitive Analysis, 2016 – 2023,” the global food and beverage Nano-enabled packaging market was valued at US$ 20.4 Bn in 2015, and is expected to each US$ 31.2 Bn by 2023, expanding at a CAGR of 5.6% from 2016 to 2023.

The purpose of the report is to illustrate the state of the market of Food And Beverage Nano-Enabled Packaging, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

Browse here for full report: https://www.credenceresearch.com/report/food-and-beverages-nano-enabled-packaging-market

Market Insights

Food and beverages segment is one of the major contributors in the overall packaging market. In order to offer efficient packaging solutions coupled with reduced costs for manufacturing packaging materials, food and beverage product manufacturers are spending a huge amount on research and development of advance packaging techniques such as nanotechnology.

Some of the factors fuelling food and beverages Nano-enabled Packaging market growth include exploration of nanotechnology into varied food and beverage applications, increasing consumption of packaged food products, thereby leading to advent of nanotechnology in those products, demand for shelf stable and sustainable packaging solutions among food and beverage retailers and manufacturers. Furthermore, governments of various countries are have initiated adoption of Nano-enabled packaging for food and beverage products, ensuring health and food safety mitigation. Additionally, rising demand for healthy, fresh, extended shelf-life, safety and quality maintenance of food and beverage products among consumers is fuelling the food and beverage Nano-enabled packaging market growth.

Geographically, Asia Pacific is dominating the market in terms of revenue share contribution, followed by North America and Europe. North America and Europe are collectively accounted for around 50% of the overall food and beverages Nano-enabled packaging market share in 2015. Asia Pacific is further expected to record highest CAGR during the forecast period. Increasing inclination of consumers towards improved taste, color, texture, flavor and retention of nutritional aspects of the final product is a key factor propelling food and beverage Nano-enabled packaging market growth in the region. Moreover, urbanization, increase number of affluent consumers and changing consumer lifestyle especially in countries such as India and China support the market gowth. Food and beverages Nano-enabled packaging market growth in North America is expected to be significant throughout the forecast period.

Some of the prominent players identified in the food and beverages Nano-enabled packaging market include Amcor Limited, E. I. du Pont de Nemours and Company, BASF SE, Crown Holdings Incorporated, Klockner Pentaplast, Tetra Pak International S.A., Sealed Air Corp., Bemis Company, Inc., Nanocor Inc., Honeywell International, Inc. and Chevron Phillips Chemical Company, L.L.C. Companies are entering into strategic alliances with players across the value chain. Also, companies are engaged in new product development to offer enhanced packaging solutions to the end users.

Why was the report written?

This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Food And Beverage Nano-Enabled Packaging buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.

What is the current market landscape and what is changing?

Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.

The report on the market of Food And Beverage Nano-Enabled Packaging contains:

Analysis and forecast of Food And Beverage Nano-Enabled Packaging market dynamics;

Analysis of domestic production, market shares of the main market players;

Analysis of exports and imports;

Analysis of factors, leading the development of the Food And Beverage Nano-Enabled Packaging market;

Assessment and forecast of Food And Beverage Nano-Enabled Packaging market development;

Financial and business profiles of the leading companies in the Food And Beverage Nano-Enabled Packaging industry.

Scope

– Up to date working Food And Beverage Nano-Enabled Packaging data by major regions in the world, the forecast of planned capacity additions by 2026

– The annual breakdown of capital expenditure spending on proposed Food And Beverage Nano-Enabled Packaging for the period 2018 to 2026

– Planned Food And Beverage Nano-Enabled Packaging additions and capital expenditure spending by key countries and companies across the world

– Planned capital expenditure spending on new Food And Beverage Nano-Enabled Packaging projects by region, key countries, and companies

– Details of major planned Food And Beverage Nano-Enabled Packaging projects in the world up to 2026

Also you can request us for sample in pdf with more details and graph: https://www.credenceresearch.com/sample-request/58294

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